**Woodmont Properties Breaks Ground on Luxury Multifamily Development in Woodbridge, NJ**
Woodmont Properties, a prominent developer, owner, and manager of multifamily and commercial real estate across the U.S., has officially broken ground on a new luxury rental community, Woodmont Rail at Metropark. The project, located at 186 Wood Avenue South in the Metropark submarket of Woodbridge, New Jersey, will bring 300 upscale residences to the area. Completion is targeted for 2028.
“Breaking ground on Woodmont Rail at Metropark, our most recent transit-oriented community, marks an exciting milestone for Woodmont and a meaningful investment in the future of Woodbridge,” said Stephen Santola, Executive Vice President and General Counsel at Woodmont Properties.
He added, “This community, located a short walk from the Metropark Train Station, will infuse new energy into one of the region’s key transit hubs while generating hundreds of construction jobs and long-term employment opportunities. We’re proud to celebrate this pivotal moment and are deeply grateful to the Township of Woodbridge for its partnership in rethinking areas in and around the Metropark commercial district.”
The groundbreaking signifies Woodmont’s continued focus on developing strategically located, high-quality multifamily communities in key markets throughout the northeastern U.S.
Note: For industry professionals exploring market disruptions and distressed assets, a special presentation on this topic will be featured at Connect Texas Multifamily. The event will be held on Thursday, August 28th at The Joule in Dallas, with expert insights on how valuations, deal flow, and investment strategies are shifting across the Texas multifamily sector.
